Originally Posted by
KelvinD
The CAA have this morning given Monarch a 24 hour extension of their ATOL licence. Lots of confidence there then!
Although again just as a reminder, the ATOL requirement is for the tour operator side of the business i.e Monarch Holidays. All other air tour operators will also be renewing their ATOL during this time, many of whom also require temporary extensions yet just don't get media spotlight. It's just unfortunate that Monarch has owners and a poor management team that let it get this way now seemingly every year. They should be ashamed.